January 8, 2025

Traders take action on the last day of annual trading on the New York Stock Exchange on December 31, 2024 in New York City.

Spencer Pratt | Getty Images

U.S. stock futures fell early Tuesday S&P 500 Index and Nasdaq Index Get your second Victory Day.

S&P 500 Index Futures fell 0.06%, while Nasdaq 100 Futures dropped by 0.17%. Futures linked to the Dow Jones Industrial Average It was down 33 points, or less than 0.1%.

In after-hours trading, stocks ultimate beauty Shares rose about 1% after the company named a new chief executive and raised fourth-quarter guidance.

During regular trading, the S&P 500 rose 0.55%, while the tech-heavy Nasdaq rose 1.24%. 30 stocks Dow Chemical Underperforming, down 0.06%.

Chip stocks soared after Foxconn reported record fourth-quarter revenue, pushing the S&P 500 and Nasdaq higher on Monday. Artificial intelligence darling NVIDIA The closing price reached an all-time high, while VanEck Semiconductor ETF (SMH) Add more than 3%.

Another catalyst for stocks is a report washington post President-elect Donald Trump’s tariff plan is said to be narrower than previously expected. Trump later disputed the report in a speech truth society posts.

Cameron Dawson, chief investment officer at NewEdge Wealth, said investors should expect further volatility in the market as time goes on.

“That’s our base case, and the idea is that as you go into 2025, you’re going to have a higher bar, and when you think about our valuation at the beginning of the year, our positioning and most importantly our position, there’s going to be some price volatility. trend.

Major economic reports that will influence market movements will be released this week. Job openings and labor turnover surveys are due on Tuesday, while the ADP private employment report is expected on Wednesday. The main event on Friday is the December non-farm payrolls report.

It’s a four-day trading week, with the New York Stock Exchange closed Thursday in honor of the late former President Jimmy Carter.

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